AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Supply Chain Reshoring, Inflation, and Fed Expectations
The speakers discuss the impact of supply chain reshoring away from China on inflation and the importance of economists and policymakers understanding the real economy aspect of inflation. They speculate on the Fed's strategy and actions in response to the inflation rate, including the possibility of holding off on rate increases in September. The chapter also mentions their enjoyable experiences at Jackson Hole and the surprising influence of used car prices on inflation.